Icelandair has kicked off 2025 with impressive growth, carrying 264,000 passengers in January. As a result, the airline recorded a 17% rise from the same month last year. Additionally, it expanded its capacity by 8%, reflecting increased demand and strategic network expansion.

A closer look at the numbers shows Icelandair’s role as a key transit carrier. Nearly 45% of its passengers used the airline for connecting flights. Meanwhile, 29% traveled to Iceland, while 19% flew out of the country. At the same time, domestic travel accounted for the remaining 7%.

Moreover, the airline achieved a record load factor of 77%, which marked an 8-point increase from the previous year. This boost in seat occupancy highlights Icelandair’s ability to match capacity with rising demand. Furthermore, punctuality also improved, with 77.6% of flights departing on time, enhancing the airline’s reliability.

When analyzing revenue trends, slight shifts appeared as Icelandair introduced new data in its reports. The yield per revenue passenger kilometer reached 8.1 US cents, a minor 3% dip from last year. Since transit travelers increased, this decline was expected. Nevertheless, the airline’s strong load factor offset the impact, ensuring revenue remained on an upward trajectory.

In addition to passenger services, charter flights saw a major boost, with sold block hours jumping 96% year-over-year. Because of increased aircraft availability and better fleet utilization, this expansion became possible. Likewise, cargo operations improved, with freight ton kilometers rising by 1%, reflecting steady growth.

Furthermore, Icelandair made significant strides in sustainability. CO2 emissions per Operational Ton Kilometer fell by 11%, driven by better fuel efficiency and the increased use of Boeing 737 MAX and Airbus A321LR aircraft.

With passenger demand rising and sustainability efforts advancing, Icelandair looks set for a strong 2025. Given its growing network and improved operations, the airline remains positioned for continued success in the coming months.

Related stories:

• Icelandair Expands to Istanbul: New Direct Flights
• Icelandair & Southwest Airlines Launch New Codeshare Flights
• Explore New Destinations with ITA Airways and Icelandair’s Game-Changing Partnership
• Non-Stop Flights from Nashville to Iceland with Icelandair
• Icelandair Expands with Seasonal Miami Flights for 2025 Winter